Back in 2006, Congress passed a “green” law to save energy by replacing the warm light of the incandescent bulb with alternative bulbs (not so friendly to the eyes or the pocketbook). Did Americans truly “consent” to the elimination of this light bulb? Almost no one knew their lawmakers passed this law. Moreover, the expensive, ugly-lit light bulbs regulators wanted Americans to buy were on sale for years. The problem was consumers – day after day, purchase after purchase – refused to consent to pay many times over for inferior light. Isn’t that a form of “consent” more responsive to the issue at hand than the passage of a law no one knew about?
Tag: Foundation for Economic Education
Jonathan Bean | Sunday March 13, 2016 at 10:39 AM PDT